How private equity convinced Labour to go easy on its multimillion pound tax perk

The lobbying coup of the decade saw a major climbdown on the chancellor’s planned raid on carried interest. Nils Pratley: Rachel Reeves’s most irritating manifesto fudge “I’m glad I don’t have ...

World - The Guardian - 17 hours ago

How will UK tax rises on private equity’s carried interest work?

Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026

Business - Financial Times - 20 hours ago

Carried interest: private equity’s tax break

The lower-taxed performance fee has helped buyout firms’ executives amass personal fortunes

Business - Financial Times - 5 days ago

UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds

Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

Business - The New York Times - Yesterday

UK tax raid on private equity could raise £1bn, say researchers

Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changes

Business - Financial Times - October 25

Private equity eyes a deal with Reeves on carried interest

Labour’s agenda highlights tension between raising taxes and courting internationally mobile financiers

World - Financial Times - 3 days ago

Taxes will go up no matter who becomes president. The question is, how much?

Putting campaign promises aside, the realistic prospect is for hard choices and initiatives that are limited in scope.

Politics - The Hill - 2 days ago

Can the private sector deliver Labour’s housebuilding boom?

Government still has to tackle how commercial incentives limit supply of new homes

World - Financial Times - October 23

Mubadala Capital sees chance to buy up large private equity stakes

Emirati unit raises $3.1bn for its latest fund hoping to appeal to groups looking to raise cash

Business - Financial Times - October 22

Private equity management fees fall to lowest level since records began

Fund managers are fighting to secure investors’ money in a tough environment

Business - Financial Times - October 22

Senators take aim at big private equity landlords as rents soar

With home and apartment rental costs soaring, four Democratic senators are calling for more scrutiny on Wall Street financiers snatching up rental homes.

Japanese lift maker Fujitec explores sale to private equity

Talks with multiple groups including Sweden’s EQT have taken place in recent months

World - Financial Times - 2 days ago

UK hits wealthy with raids on non-doms, private equity and estates

Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreigners

Business - Financial Times - Yesterday

Tax threshold freeze not a pledge-breaker - Labour sources

Government sources insist the move would not constitute a breach of Labour's manifesto tax pledge.

UK Labour’s Budget borrows big, taxes more

Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing

World - Financial Times - Yesterday

Labour doesn’t know who ‘its people’ are

Government inability to define group at core of its tax pledges reflects lack of political direction from top

Business - Financial Times - 3 days ago

Why a HELOC is better than a home equity loan going into November

With another interest rate cut looming for November, here's why homeowners should consider a HELOC now.

Secondary sales of private equity stakes set for record levels amid cash crunch

Once-niche market sees surge in activity with investors looking for an exit from ageing assets as deal activity slumps

Business - Financial Times - October 16

MMA pound-for-pound rankings: How far does Topuria rise? Is Khamzat top-10-worthy?

How did spectacular victories at UFC 308 elevate two unbeaten stars in ESPN's rankings?

Sports - ESPN - Yesterday

From Anna Kendrick to Dev Patel – how easy is it for actors to direct themselves?

An upsurge in directors starring in their own movies has seen mixed results. Lake Bell, Elia Suleiman and Viggo Mortensen explain the perks and pitfalls of being on both sides of the camera. Since ...

World - The Guardian - 3 days ago

Dozen Labour MPs join call for 'extreme wealth' tax

The MPs want Rachel Reeves to bring in a 2% tax on assets over £10m, which they claim could raise £24bn per year.

Budget watchdog will break impartiality, claims Hunt

The former chancellor says the publication of a review which could criticise the Conservatives on Budget day would "cross a line".

The Papers: Labour targets waiting lists but tax rises 'won't cure NHS'

The measures expected in Wednesday's Budget, particularly those focused on the NHS, lead the papers.

Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...

World - ABC News - Yesterday

Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy

The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.

World - The Wall Street Journal - Yesterday

Businesses warn Labour’s £25bn ‘tax on jobs’ will hurt hiring

Companies criticise rise in employers’ national insurance contributions

Business - Financial Times - Yesterday

Rachel Reeves’ budget leaves her little room to manoeuvre

Bet on long-term improvements will make spending review in 2027 a crunch time for the government

World - Financial Times - Yesterday

CoD: Black Ops 6 Zombies - All Perks, Ammo Mods, Field Upgrades, Plus How To Use Augments

With the launch of Call of Duty: Black Ops 6 quickly approaching, Activision has revealed tons of new information about the game's Zombies mode. This includes the full list of perks, ammo mods, ...

Tech - GameSpot - October 18

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